Who wants to spend their life in a theme park?
Article Abstract:
The new generation of entertainment centres now being created in a number of countries are intended to form the basis for the fantasy cities of the future. In these centres, a themed environment uniting entertainment, tourism and retail development will be created. These urban schemes are being promoted as a solution to fading suburban shopping centres. Some observers regard them negatively, claiming that they will boost the trend towards the privatization of public places. Fantasy entertainment centres are very costly to build, and can therefore only be undertaken by a small number of wealthy global entertainment companies.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Spend less, let the people prosper
Article Abstract:
European countries have started to look to the example of Asia to achieve a spending power which will help to promote world growth. However, this can only be achieved if Europe is prepared to open up its markets to Asian goods and if markets in Asia are liberalised too. A key element of the success of Asian economies which should really be emulated in Europe is the level of public spending as a proportion of GDP. In Hong Kong, this will be 16.2% in 1995, with Korea at around 18%, Taiwan at almost 16% and Singapore at around 20%. This compares with the UK, at almost 43%, and France, at almost 55%.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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More thrust, less whine
Article Abstract:
British Airways' new fleet of 325-seat Boeing 777 'Treble Sevens,' which is due to begin operating in autumn 1995, will feature reduced noise and pollution levels, despite having the largest and most powerful turbofan jet engines ever developed. The company believes that the take-off noise of one of its new Boeing 777s will hardly be heard outside the perimeter fence of Heathrow airport, and the aircraft will also give off fewer emissions than their predecessors.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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